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. >> u.s. stock futures are edging high they are morning. ashley morrison of cbsmoneywatch.com joins us. good morning. >> reporter: asian stocks good a boost. tokyo's nikkei added .5% to reach its highest closing in eight months and hong kong's hang seng is up 1%. >>> dow up 78 yesterday, the nasdaq up 35. >>> the federal reserve is expected to announce the details. its latest bond buying program. the central bank is expected to buy $45 billion worth of long- term treasuries a month. the goal is to lower interest rates, spurring borrowing and lending to soften the blow if we go over the "fiscal cliff." the fed will also release a revised economic outlook. that will be ben bernanke speaking today at 12:30. and that's the reason the stock futures are higher now. >> i guess yahoo got a bit of a makeover, too. >> reporter: it unveiled new versions of its free email service as it tries to regain some of the ground it los togmail. heand they have new apps. it's the first major product revamp that we have seen at yahoo since marisa mayer took over
. >> u.s. stock futures are edging high they are morning. ashley morrison of cbsmoneywatch.com joins us. good morning. >> reporter: asian stocks good a boost. tokyo's nikkei added .5% to reach its highest closing in eight months and hong kong's hang seng is up 1%. >>> dow up 78 yesterday, the nasdaq up 35. >>> the federal reserve is expected to announce the details. its latest bond buying program. the central bank is expected to buy $45 billion worth of long- term...
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Dec 12, 2012
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total u.s. retail sales increased 4.5% of the net same time. >> red box is looking to challenge to red envelope guys. >> red box, the ddt kiosk co. is launching a movie screening service to challenge net flicks. the news service will offer an unlimited streaming video plan that includes movies from warner brothers, and epix along with four night of dvd rentals, for $8 a month. the service will not include tv shows when it launches on an invitation only base by the end of the year. >> we will take a break is 5:11 a.m.. here is a live look at the bay bridge for tick traffic is moving well at the toll plaza and the ground is not terribly wet although we have scattered showers. we will get a full report with erica coming up on the =dj welcome back to the kron 4 morning news. >> new this morning. the first section of a spire that will ride atop the world trade center's tallest building is said to be lifted into place. this is one of 19 sections that-18 sections. going on top of one world trade center
total u.s. retail sales increased 4.5% of the net same time. >> red box is looking to challenge to red envelope guys. >> red box, the ddt kiosk co. is launching a movie screening service to challenge net flicks. the news service will offer an unlimited streaming video plan that includes movies from warner brothers, and epix along with four night of dvd rentals, for $8 a month. the service will not include tv shows when it launches on an invitation only base by the end of the year....
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Dec 12, 2012
12/12
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more heavy traffic waiting for u.s. to continue the northbound commute towards downtown oakland. 580 is an alternate for the nimitz freeway but that is not looking too good. the commute on westbound 40 is slow from highway 13 into the oakland a's. downtown oakland and san leandro all jammed up this morning. traffic is slowly improving of the bay bridge toll plaza. as soon as traffic started clear from the stall we had another stall and it is backing up once again. more heavy traffic across the upper deck into downtown. 92 is still the same in the drive time is about 20 minutes from the nimitz freeway towards foster city. the golden gate has as trouble-free ride throughout the morning with no problems on the span. the southbound right is still stop and go out of nevada highway 37 and two san revell. it is a 40 minute trip so give yourself extra time. >> the nhl season is on the line as labor talks continue today. this'll be the first meeting since talks broke off last week. the league is cancelled all games the december
more heavy traffic waiting for u.s. to continue the northbound commute towards downtown oakland. 580 is an alternate for the nimitz freeway but that is not looking too good. the commute on westbound 40 is slow from highway 13 into the oakland a's. downtown oakland and san leandro all jammed up this morning. traffic is slowly improving of the bay bridge toll plaza. as soon as traffic started clear from the stall we had another stall and it is backing up once again. more heavy traffic across the...
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Dec 12, 2012
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so far, though, the u.s. has refused to arm the rebels because of concerns about the rising role of islamic extremists and the rebellious. i think the media has exaggerated this whole issue, he said. we spent quite a bit of time inside syria. on the ground, we've seen extremists operating. the media has been reporting that there are terrorists and radical groups, he said, but we have not seen concrete evidence to support such claims yet. would you like to be the president of syria? >> i am not thinking about that now. >> but with rebels closing in on the capital, the question of who takes over from the regime is an urgent one. there is still a huge gulf between the many political groups operating outside of syria on behalf of the syrian opposition and the multitude of armed rebel groups inside the country and trying to unite such a fractured opposition is a huge undertaking. some people are taking that al ka deed because he has no political experience will really struggle to achieve this goal. other people ar
so far, though, the u.s. has refused to arm the rebels because of concerns about the rising role of islamic extremists and the rebellious. i think the media has exaggerated this whole issue, he said. we spent quite a bit of time inside syria. on the ground, we've seen extremists operating. the media has been reporting that there are terrorists and radical groups, he said, but we have not seen concrete evidence to support such claims yet. would you like to be the president of syria? >> i...
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Dec 12, 2012
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u.s. department of justice report about h.s.b.c. holdings, one of the largest banks in the world. to avoid criminal prosecution, h.s.b.c. admitted today that it laundered more than $800 million for mexican drug cartels and covered up illegal transactions for burma, iran, sudan, cuba, and libya. those nations were under banking sanctions because of human rights atrocities, terrorism, or, in iran's case, a nuclear program. the british bank will pay $1.9 billion to the u.s. government, the largest such fine in history. senior correspondent john miller is in new york following the story for us tonight. john? >> reporter: scott, it's a case that has everything: everything except an arrest. and that struck some as odd because in an 80-page document of court papers, the bank admits to almost going out of its way to act as a financial clearing house for international pariahs and drug dealers. h.s.b.c. officials listed mexico in its lowest risk category for money laundering during a four- year peri
u.s. department of justice report about h.s.b.c. holdings, one of the largest banks in the world. to avoid criminal prosecution, h.s.b.c. admitted today that it laundered more than $800 million for mexican drug cartels and covered up illegal transactions for burma, iran, sudan, cuba, and libya. those nations were under banking sanctions because of human rights atrocities, terrorism, or, in iran's case, a nuclear program. the british bank will pay $1.9 billion to the u.s. government, the largest...
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Dec 12, 2012
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the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wondering where are all the workers? black bear diner is set to open a restaurant in emeryville next month. the owners have been holding job fairs to fill the more
the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away....
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Dec 12, 2012
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the united states believes it's a cover for testing ballistic missiles capable of reaching the u.s. >>> one part of the rocket fell into the yellow sea another into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of snow. very cold temperatures as the system drives in from the gulf of alaska. hi-def doppler shows showers right now and that's what we'll see to throughout, more nuisance showers throughout the morning but you can see a good cell along the peninsula to daly city, pacifica heavier rainfall very shortly. and you're going to see this sporadic showers throughout the morning hours, the possibility of an isolated thunderstorm and, yes, maybe even a couple of snowflakes over the mountaintops. look at the cold front swinging through behind that. you see all those cold clouds? those continue to drop on through at least through t
the united states believes it's a cover for testing ballistic missiles capable of reaching the u.s. >>> one part of the rocket fell into the yellow sea another into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of...